24 DEC 2013 by ideonexus
The Pareto Distribution
The Pareto distribution shows up in a remarkably wide array of complex systems. Together, “the” and “of” account for 10 percent of all words used in English. The most volatile day in the history of a stock market will typically be twice as volatile as that of the second-most volatile and ten times the tenth-most. Tag frequency on Flickr photos obeys a Pareto distribution, as does the magnitude of earthquakes, the popularity of books, the size of asteroids, and the social connectedness...Folksonomies: statistics
Folksonomies: statistics
Clay Shirky on what is also known as the "long-tail effect" or "90% of everything is crap" effect.
24 MAY 2013 by ideonexus
No Such Thing as Professional Photographers
...there’s no such thing as Flickr Pro, because today, with cameras as pervasive as they are, there is no such thing really as professional photographers, when there’s everything is professional photographers. Certainly there is varying levels of skills, but we didn’t want to have a Flickr Pro anymore, we wanted everyone to have professional quality photos, space, and sharing.The Yahoo CEO took a lot of heat for this comment, but there is a great deal of truth to it. With digital photography, photographs are so pervasive that professionals are now competing with a horde of amateurs.